Can I finance against retainage?

Sometimes, if the closeout is documented and dated. Retainage without a schedule reads as a hope, not an exit.

Does a bonded job change anything?

Yes. Bonding companies care what liens sit on your business, and some facilities file a blanket lien. We flag that before you sign.

I bill AIA. Does that help?

It helps a lot. A clean schedule of values is one of the better underwriting documents in this trade.

What if one GC is late paying me?

Tell us before we submit. A late GC explained upfront is a footnote; discovered in the statements, it's a decline.

Industry

Construction & Contracting

You front labor and materials, bill on a schedule of values, wait 45 days, and then watch 10% sit in retainage until closeout. The work is profitable and the calendar still breaks you. That gap — between spending and getting paid — is the entire financing problem in this trade, and it has nothing to do with whether the job is good.

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What we fund here

Mobilization on a job that pays on a 60-day cycle: $50K – $500K
Materials on multiple overlapping jobs: $25K – $250K
Payroll through a slow permit or weather delay: $25K – $150K
Equipment: skid steer, excavator, service truck: $40K – $400K
Retainage held on a job closing out: $50K – $300K

Ranges are typical, not guaranteed. Your terms depend on your business and the funder.

What usually fits

Flex Line of Credit

Job cycles repeat and never at the same size — a line matches the shape.

$10,000 – $250,000

Equipment Financing

Iron secures itself, so the money is cheaper than unsecured capital.

$10,000 – $2,000,000

Merchant Cash Advance

When you have to mobilize this week and the deposits support it.

$10,000 – $500,000

What underwriters look at

Concentration in one GC. If 70% of your revenue comes from one general, that's the first question asked.
Whether deposits look like progress payments or like chaos. Lumpy is fine; unexplained is not.
Negative days and overdrafts in the four months of statements.
Whether you're already assigning or factoring receivables to someone else.

Questions

Can I finance against retainage?: Sometimes, if the closeout is documented and dated. Retainage without a schedule reads as a hope, not an exit.
Does a bonded job change anything?: Yes. Bonding companies care what liens sit on your business, and some facilities file a blanket lien. We flag that before you sign.
I bill AIA. Does that help?: It helps a lot. A clean schedule of values is one of the better underwriting documents in this trade.
What if one GC is late paying me?: Tell us before we submit. A late GC explained upfront is a footnote; discovered in the statements, it's a decline.

Let's see what your numbers support.

Three documents to start: the last four months of business bank statements, a driver's license, and a voided check. That's the whole file to get options back.

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FundMainStreet.com is a financing arranger, not a lender or a bank. We connect business owners with third-party funding partners and are compensated by those partners when a transaction closes; we disclose that compensation to you before you sign. Approval, terms, and funding are determined solely by the funding partner. Merchant cash advances are purchases of future receivables, not loans. All figures shown on this site are illustrative and are not an offer or commitment to fund.